VOL. XXXVIII

NO. 26

27 MARCH 1995

Oil Prices

Algeria Reduces April Price Formula

Algeria's state-owned oil company Sonatrach has reduced the April priceformula for its Saharan Blend crude by 1-2 cents/B from the March price to DatedBrent plus $0.24- 0.25/B. The following table shows the adjustment factor forAlgeria's Saharan Blend in relation to Dated Brent for April and the previousnine months (cents/B):

 ___________1995___________ _______________________1994_____________________ Apr Mar Feb Jan...